perhaps even more surprisingly, voters in both states now trust president obama more than mitt romney to turn the economy around. this really isn't looking like the election anyone expected. so what happened? the predominant theory seems to be that mitt romney is an inept candidate, his repeated gaffes have set him back against a weak incumbent. that may be true. the facts suggest something deeper and more important going on. the economic recovery may be a bit morrow bust than we all assumed. the number of jobs created from march 2011 to march 2012 was underestimated by 380,000. taking those new jobs into account he has overseen a net positive 125,000 jobs added to the economy even if you take into account the massive job losses from the financial crisis at the start of his term. on friday the university of michigan's consumer confidence index reached its second highest level in five years. joining us to talk about this is ro khanna, author of "entrepreneural nation: why manufacturing is still key to america's future." deputy secretary in the obama congress. great to have you here. >>